This Is All That Was Left Of The Crashed Self-Driving Tesla

A photo of the Tesla Model S involved in the fatal crash on May 7, 2016 shows with the top third of the car sheared off by the impact of the collision of the Tesla with a tractor-trailer truck on nearby highway and coming to rest in the yard of Robert and Chrissy VanKavelaar.

Celebrating This Land Of Absurdity

As far as we can tell, U.S. Treasury investors suffer the same cognitive dissonance that the broad U.S. populace takes with them to the shore each July 4th as they celebrate Independence. They believe they live in the greatest country ever conceived. They believe they experience more freedom, opportunity, and prosperity than their cohorts in other nations. They believe their system of government provides for their representation. Yet at the same time they sense that something’s off.

Driver Of Self-Driving Tesla Was Watching Harry Potter At Moment Of Death

Frank Baressi, 62, the driver of the truck and owner of Okemah Express LLC, said the Tesla driver was "playing Harry Potter on the TV screen" at the time of the crash and driving so quickly that "he went so fast through my trailer I didn't see him." "It was still playing when he died and snapped a telephone pole a quarter mile down the road," Baressi told The Associated Press in an interview from his home in Palm Harbor, Florida. He acknowledged he couldn't see the movie, only heard it.

Kim Kardashian Disappointed After Senate Votes Down Four Gun-Control Proposals In One Day

In the wake of the Orlando shootings, there has been a renewed push by lawmakers to show their constituents that they are actually working on strengthening gun control measures - now if only anyone could agree on anything. On the same day that the Supreme Court turned away two separate appeals challenging assault weapon bans in New York and Connecticut, the Senate rejected a total of four proposals centered around gun control... and Kim Kardashian is not amused.

Hillary Clinton Is The Clear Candidate Of The War Party

Last week, Hillary Clinton gave up trying to compete with Bernie Sanders on domestic policy. Instead, she zeroed in on the soft target of Donald Trump’s most “bizarre rants” in order to present herself as experienced and reasonable. Evidently taking her Democratic Party nomination for granted, she is positioning herself as the perfect candidate for hawkish Republicans.

The Global Bear Market In Freedom

Americans will be celebrating Memorial Day this weekend, to honor those who fought and died for the values they have traditionally cherished the most as a nation: life, liberty and the pursuit of happiness. The world has changed dramatically in recent decades. The geopolitical situation is much more complex, with rising powers challenging America's supremacy. The intractable war on terror seems interminable. Old foes appear to spring back to life even more powerful than before. And things at home look dicey in terms of politics and economics. As we reflect upon the ultimate sacrifice that others have made‎, it is an opportune moment to consider a very important question: is the US winning the fight for freedom?

Dejected Neocons Lash Out At "Fascist, Huckster" Trump

Six months ago we explained why the neocons hate Donald Trump and with his meteroric rise that dislike has only grown stronger and more desperate (and we suspect Trump's view of the hawkish warmongers has risen right alongside it). In fact, as The Hill reports, the rise of Donald Trump is threatening the power of neoconservatives, who find themselves at risk of being marginalized in the Republican Party. Whereas neoconservatism advocates spreading American ideals through the use of military force, Trump has made the case for nationalism and a smaller U.S. military footprint. Trump, for all his contradictions, gives voice to the “isolationist” populism that neocon confederates despise, and which is implanted so deeply in the American consciousness. Why us? Why are we paying everybody’s bills? Why are we fighting everybody else’s wars? It’s a bad deal! And that is why neocons hate The Donald.

"Unexpected" Australian Rate Cut To Record Low Unleashes FX Havoc, Global "Risk Off"

Overnight Australia finally admitted it has succumbed to the global economic weakness plaguing the rest of the world when in a "surprise" move, Australia’s central bank cut its benchmark interest rate for the first time in a year to a record low and left the door open for further easing to counter a wave of disinflation that’s swept over the developed world. The move sent the local currency tumbling and local stocks climbing. Reserve Bank of Australia Governor Glenn Stevens and his board lowered the cash rate by 25 basis points to 1.75 percent Tuesday, a move predicted by just 12 of 27 economists surveyed by Bloomberg. The announcement has, not surprisingly unleashed havoc across FX markets and broadly pushed global mood into its latest "risk off" phase.